Automotive Dashboard

Automotive Dashboard Follow @AEGEconGroup For more than 20 years, Anderson Economic Group has taken pride in our position as the premier expert in automotive consulting. Our consultants, renowned for serving all three tiers of the auto industry, have designed this interactive dashboard to benefit manufacturers, OEMs, franchisees, trade associations, and public institutions. Our clients and [...]

Second Edition: Real World Cost of Fueling EVs and ICE Vehicles

Authored by: Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst Approach As in the first edition, AEG calculated all four categories of costs involved in fueling both EVs and ICE vehicles across benchmark use cases that reflect real-world driving conditions for U.S. households. The costs included: The cost of the underlying energy (gasoline […]

New Release: Real World Cost of Fueling EVs and ICE Vehicles (Second Edition)

High Gas Prices Boost Electric Vehicle Value Proposition in 2021 Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst 2nd Edition of comprehensive fueling cost study shows that, for EV drivers primarily charging at home, mid-priced EVs typically cost 50 cents more; luxury EVs $5 less per 100 miles  Anderson Economic Group has released the […]

How much do rideshare drivers earn? More than you might think.

According to our analysis, drivers between May and August 2021 took home nearly $35 per hour after expenses. Thrust into the spotlight during the pandemic, rideshare companies have become important sources of supplemental income for thousands, even as important questions persist about this new, flexible economy. At the core of these conversations is a simple […]

Extraordinary Increase in Vehicle Prices Outpaces Wage Growth in 2021

2021 a Tough Year for Would-Be Buyers East Lansing, MI–January 20, 2022: Anderson Economic Group has released the results of their recent analysis comparing new and used vehicle price increases to wage growth in the US private sector. The firm’s experts analyzed US Bureau of Labor Statistics data related to the Consumer Price Index (CPI) […]

Comparison: Real World Cost of Fueling EVs and ICE Vehicles (First Edition, 2021)

For the latest data, please see the Second Edition of this report, released April 6, 2022. (First Edition, 2021) Electric Vehicles can be more expensive to fuel than their internal combustion engine counterparts Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst The automobile industry is on the cusp of the biggest transition in […]

EV Fueling Study FAQ

EV Fueling Cost Comparison Study: Comment Responses, Clarifications, and FAQs Since the release of the first edition on October 27, we have noted several hundred questions and comments regarding the study Comparison: Real World Cost of Fueling EVs and ICE Vehicles. Below, we respond to those we have seen most frequently. Note that the second […]

Real-World Electric Vehicle Fueling Costs May Surprise New EV Drivers

Note: This release refers to the First Edition of this report. The Second Edition, released April 6, 2022, can be found here.     6 months of independent research finds fueling costs for electric vehicles (EV) are often higher than for internal combustion engines (ICE) East Lansing, MI–October 21, 2021: Anderson Economic Group released today […]

COVID-19’s Continuing Toll on the Auto Industry

Current Battles and Financial Adversity: A Continued Test for the U.S Auto Industry East Lansing, MI; July 9, 2020—Anderson Economic Group analysts note that May 18, 2020 was a historic Monday in the U.S. automotive industry. On that day, after several weeks of halted production due to the pandemic, major manufacturers scored a small but […]

COVID-19 Cases Trending Down in Tesla Plant Location

Alameda County has 1.6 million residents; Less than 40 cases per day on average; lower than many other manufacturing locations May 12, 2020—East Lansing, Michigan—The auto industry experts at Anderson Economic Group, together with the data analytics firm Supported Intelligence, have analyzed COVID-19 case data for all 50 states and multiple countries. These analyses, regularly […]